Information Communication and Technology
Disaster Recovery as a Service (DRaaS) Market Size, 2024-2033
USD Billion
The figures are in the full report. Request a free sample ↗
Market overview
| Study Period | 2024 - 2033 |
|---|---|
| Historic Year | 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 - 2033 |
| Market Size (Base Year) | USD 13.0 Billion |
| Market Size (Forecast Year) | USD 39.8 Billion |
| Growth Rate (CAGR) | 15.0 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Pages from the sample report. Figures are shown as XX here; the full report has them.
See the full sample: Request a free sample ↗
This report covers the disaster recovery as a service (DRaaS) market: cloud-delivered services that copy and protect an organisation's data and IT systems and restore them after outages, cyberattacks or disasters, including backup and restore, real-time replication and failover, data protection and professional services, delivered from public, private or hybrid clouds to organisations of all sizes. The market is valued at providers' revenue.
Disaster recovery as a service lets organisations recover quickly without building and running their own secondary data centre.
Ransomware and other cyberattacks can stop businesses for weeks, and recent high-profile attacks have shown the cost of slow recovery, pushing organisations to invest in isolated backups and tested recovery services.
The move of applications to the cloud, the growth of hybrid IT, and regulations requiring financial firms and critical services to prove they can recover from disruption increase demand for managed recovery services.
However, large cloud providers offer low-cost built-in recovery tools, data transfer and storage costs can be high, and many smaller organisations still lack recovery plans.
The global Disaster Recovery as a Service (DRaaS) market is mainly classified based on service type, deployment mode, organisation size and vertical. By service type, the market is segmented into backup and restore, real-time replication, data protection and professional services. By deployment mode, it is divided into public, private and hybrid, and by organisation size into large enterprises and small and medium-sized enterprises. By vertical, it covers banking, financial services and insurance, government, retail, healthcare, manufacturing, energy, media, telecommunications, IT and other verticals.
Backup and restore services account for the largest share, while real-time replication is growing as organisations seek faster recovery. Public cloud deployment accounts for the largest share, with hybrid models common among large enterprises.
Large enterprises account for most spending, while small and medium-sized enterprises are the fastest-growing users. Banking, financial services and insurance is the largest vertical, followed by healthcare and government.
North America is the largest market, led by the United States, with high cloud adoption and frequent ransomware attacks.
Europe is the second-largest market, supported by resilience rules for financial firms and critical infrastructure. Asia-Pacific is expected to grow fastest as cloud adoption rises in India, Southeast Asia, Japan and Australia.
Some of the major competitors in the global Disaster Recovery as a Service (DRaaS) market include Microsoft Corporation (Azure Site Recovery), Amazon Web Services (Elastic Disaster Recovery), Google Cloud, IBM Corporation, Veeam Software, Commvault Systems, Cohesity (incl. Veritas), Rubrik, Inc., Hewlett Packard Enterprise (Zerto), Broadcom (VMware), Druva, Acronis, 11:11 Systems, TierPoint, Flexential, and Expedient.
The Disaster Recovery as a Service (DRaaS) market is moderately concentrated. Microsoft, AWS, Google and IBM offer cloud recovery services, Veeam, Commvault, Cohesity, Rubrik, Zerto (HPE), Druva and Acronis provide data protection and recovery platforms, and managed service providers such as 11:11 Systems, TierPoint, Flexential and Expedient deliver recovery services.
Ans: The Disaster Recovery as a Service (DRaaS) market was valued at USD 13.0 billion in 2025 and is projected to reach USD 39.8 billion by 2033, at a CAGR of 15.0% during the forecast period.
Ans: Ransomware recovery, isolated cloud backups, recovery for SaaS applications, services for small and medium-sized businesses and compliance with resilience rules are major opportunities.
Ans: The rising threat of ransomware and cyberattacks, together with cloud adoption, is the main growth driver.
Ans: North America is expected to have the largest share, while Asia-Pacific is expected to grow fastest.
Ans: Backup and restore services are expected to account for the largest share.
A series of major cyberattacks in 2025, including attacks that stopped online orders at a leading UK retailer and halted production at a large carmaker for weeks, showed how long recovery can take and how much disruption costs.
These incidents have pushed companies to invest in isolated, immutable backups and tested recovery plans, and regulators in finance and other sectors increasingly require proof that critical systems can be restored.
Data protection companies have reported strong growth in cloud and subscription revenue, and the industry is consolidating as providers combine to offer broader cyber resilience platforms.
This report assumes continued strong demand driven by ransomware risk and regulation, and treats price competition from large cloud providers as the main restraint.
Backed by 1 million+ hours of research experience across the industries we cover.
Domains covered
Countries covered
Committed to timely delivery
Projects delivered